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SmallBusiness.com News Wire Obama confident in recovery despite jobs report | AP President Barack Obama said Thursday that he remains confident the economy will turn around in the short term and the nation will prosper in the long term despite another dose of bad unemployment news. Unemployment reaches 9.5% in June | NYTimes.com The American economy shed 467,000 jobs last month, and the unemployment rate rose to 9.5 percent from 9.4 percent Factory orders rise more than expected in May | AP Orders to U.S. factories jumped in May by the largest amount in nearly a year, another sign that the nosedive in manufacturing is nearing an end. Big Businesses Find Benefits in Mentoring Small Businesses | NYTimes.com To serve both their interests, some major corporations, including I.B.M., Wal-Mart, Procter & Gamble and Home Depot, offer programs to mentor small companies, particularly businesses owned by women, blacks, Hispanics and other groups. More headlines | RSS

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